I-BO-DENT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
I-BO-DENT
Largest movements
- Receivables within one year +€42,662
up €42,662 (+148%), from €28,764 to €71,426
of which Other amounts receivable: +€41,125
- Cash +€36,335
up €36,335 (+10.6%), from €341,757 to €378,092
mainly Net result for the year (+€169,480) and Tax, wage and social debts (+€31,769)
- Reserves +€108,016
up €108,016 (+21.9%), from €493,285 to €601,300
- Other debts -€42,712
down €42,712 (-69.1%), from €61,855 to €19,143
- Tax, wage and social debts +€31,769
up €31,769 (+48.4%), from €65,688 to €97,457
- Debts after one year -€12,178
down €12,178 (-7.4%), from €165,004 to €152,826
- Gross operating margin +€22,404
up €22,404 (+8.5%), from €262,538 to €284,942
- Depreciation -€6,396
down €6,396 (-24.6%), from €25,984 to €19,589
- Taxes +€5,997
up €5,997 (+8.5%), from €70,649 to €76,646
- Financial income -€3,798
down €3,798 (-69.7%), from €5,452 to €1,653
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €829,960 | €915,937 | +€85,977 | +10.4% |
| Fixed assets | 21/28 | €456,951 | €459,341 | +€2,390 | +0.5% |
| Tangible fixed assets | 22/27 | €306,951 | €309,341 | +€2,390 | +0.8% |
| Land and buildings | 22 | €37,633 | €33,120 | -€4,513 | -12.0% |
| Plant, machinery and equipment | 23 | €9,522 | €4,953 | -€4,569 | -48.0% |
| Furniture and vehicles | 24 | €2,340 | €2,948 | +€607 | +26.0% |
| Other tangible fixed assets | 26 | €257,455 | €268,321 | +€10,865 | +4.2% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €373,009 | €456,595 | +€83,587 | +22.4% |
| Amounts receivable within one year | 40/41 | €28,764 | €71,426 | +€42,662 | +148% |
| Trade receivables | 40 | €1,110 | €2,647 | +€1,537 | +138% |
| Other amounts receivable | 41 | €27,654 | €68,779 | +€41,125 | +149% |
| Cash at bank and in hand | 54/58 | €341,757 | €378,092 | +€36,335 | +10.6% |
| Deferred charges and accrued income | 490/1 | €2,488 | €7,077 | +€4,589 | +184% |
| Total equity and liabilities | 10/49 | €829,960 | €915,937 | +€85,977 | +10.4% |
| Equity | 10/15 | €505,685 | €613,700 | +€108,016 | +21.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €493,285 | €601,300 | +€108,016 | +21.9% |
| Distributable reserves | 133 | €493,285 | €601,300 | +€108,016 | +21.9% |
| Amounts payable | 17/49 | €324,275 | €302,236 | -€22,039 | -6.8% |
| Amounts payable after more than one year | 17 | €165,004 | €152,826 | -€12,178 | -7.4% |
| Financial debts | 170/4 | €165,004 | €152,826 | -€12,178 | -7.4% |
| Amounts payable within one year | 42/48 | €159,271 | €149,410 | -€9,861 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €11,918 | €12,178 | +€260 | +2.2% |
| Trade debts | 44 | €19,811 | €20,633 | +€822 | +4.2% |
| Suppliers | 440/4 | €19,811 | €20,633 | +€822 | +4.2% |
| Taxes, remuneration and social security | 45 | €65,688 | €97,457 | +€31,769 | +48.4% |
| Taxes | 450/3 | €65,688 | €97,457 | +€31,769 | +48.4% |
| Other amounts payable | 47/48 | €61,855 | €19,143 | -€42,712 | -69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,984 | €19,589 | -€6,396 | -24.6% |
| Other operating charges | 640/8 | €11,272 | €12,127 | +€856 | +7.6% |
| Gross operating margin | 9900 | €262,538 | €284,942 | +€22,404 | +8.5% |
| Operating profit (loss) | 9901 | €225,282 | €253,226 | +€27,944 | +12.4% |
| Financial income | 75/76B | €5,452 | €1,653 | -€3,798 | -69.7% |
| Recurring financial income | 75 | €5,452 | €1,653 | -€3,798 | -69.7% |
| Financial charges | 65/66B | €9,228 | €8,753 | -€476 | -5.2% |
| Recurring financial charges | 65 | €9,228 | €8,753 | -€476 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €221,506 | €246,127 | +€24,621 | +11.1% |
| Income taxes | 67/77 | €70,649 | €76,646 | +€5,997 | +8.5% |
| Profit (loss) for the period | 9904 | €150,857 | €169,480 | +€18,623 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €150,857 | €169,480 | +€18,623 | +12.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.